Climate Change Data

Inventec Corporation

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:105,241.57 tCO2e (Scope 1 & 2)
Scope 1 Emissions:8,408 tCO2e
Scope 2 Emissions:123,194 tCO2e
Scope 3 Emissions:844,496 tCO2e
Renewable Energy Share:55% (target for 2030)
Total Energy Consumption:889,796 GJ
Water Consumption:211,000 m3
Waste Generated:28,810.62 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Net zero emissions by 2050
  • Diversity and inclusion
  • Human rights
  • Community investment
  • Supply chain sustainability

Environmental Achievements

  • Reduced total energy consumption by 3.6% in 2023 compared to 2022 (889,796 GJ vs 923,054 GJ)
  • Completed 22 energy-saving programs in 2023, saving approximately 9,727,600 kWh annually
  • Reduced plastic use in laptop packaging by 55% by introducing recyclable and renewable materials
  • Taoyuan RD Factory achieved platinum-grade UL2799 Zero Waste to Landfill certification
  • Scope 1 & 2 Greenhouse gas emissions reduced by 20.82% in 2023 compared to the 2020 base year

Social Achievements

  • Female staff accounted for 43% and female managers for 22% in 2023
  • Provided various employee welfare and activities through the Employee Welfare Committee
  • Implemented Employee Assistance Program (EAP) for free psychological, legal, and financial counseling
  • Organized various health promotion activities, including health education, physical fitness testing, and health lectures
  • Provided 6.1 hours of average EHS educational training per person in 2023

Governance Achievements

  • Established a Sustainability Committee under the board in 2022
  • Revised the Code of Practice for Corporate Sustainability in May 2023
  • Implemented a risk assessment on environmental, social, and governance issues
  • Revised the Rules of Procedure for Board of Directors Meetings, Corporate Governance Best Practice Principles, rules governing financial and business matters between this corporation and its affiliated enterprises, administrative measures for subsidiaries and Sustainable Development Code of Practice in 2023

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
Medium-term Goals:
  • Reduce greenhouse gas emissions by 42% by 2030 (base year: 2020)
  • Achieve 55% renewable energy use by 2030
  • Reduce energy consumption of headquarters (EUI) by 10% by 2024 (base year: 2014)
  • Reduce energy consumption of the Information Technology Center equipment room (PUE) by 11% by 2025 (base year: 2019)
  • Reduce energy consumption of the factory area (EI) by 5% by 2025 (base year: 2018)
Short-term Goals:
  • Reduce greenhouse gas emissions by 21% by 2025 (base year: 2020)
  • Reduce water consumption density by 24% by 2024 (base year: 2012)
  • Reduce waste volume by 25% by 2025 (base year: 2014)

Environmental Challenges

  • Global economic slowdown due to inflation, geopolitical tensions, and climate change
  • Weaker laptop market shipment momentum due to slower consumer recovery and inventory adjustments
  • Decline in server revenue due to reduced traditional server demand and AI chip shortages
  • Conservative consumer spending affecting smart device products
  • Supply chain disruptions
Mitigation Strategies
  • Bolstering core business operations and exploring emerging markets
  • Enhancing production automation and supply chain resilience
  • Investing in automotive electronics, IoT products, and 5G applications
  • Establishing overseas production facilities in Mexico, Thailand, Vietnam, and the Czech Republic
  • Implementing a suite of low-carbon transformation initiatives aligned with the net-zero pathway

Supply Chain Management

Supplier Audits: Annual on-site audits of medium and high-risk suppliers

Responsible Procurement
  • Supplier Code of Conduct
  • RBA compliance requirements

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events (high temperatures, typhoons, rainstorms, droughts)
  • Power insufficiency
Transition Risks
  • Changes in customer behavior
  • Increased emission costs
  • Increased sustainability-related needs and specifications
  • Capital expenditure for low-carbon technology transition
  • Negative stakeholder feedback
Opportunities
  • Development of energy-efficient products and services
  • Development of low-carbon products
  • Resource utilization efficiency improvements
  • Renewable energy sources and carbon trading markets
  • AI smart factory solutions

Reporting Standards

Frameworks Used: GRI Standards, TCFD, SASB Standards

Certifications: ISO 14001, ISO 45001, UL2799 Zero Waste to Landfill (Taoyuan RD Factory), IECQ QC080000 Hazardous Substance Process Management System

Third-party Assurance: KPMG Taiwan

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Embedded NPU
  • Automotive electronic products
  • AI+AOI notebook PC appearance defect tester
  • Intelligent building solution
  • Intelligent medical care software

Awards & Recognition

  • 2023 Taipei City Net Zero Leadership Model Award
  • National Corporate Citizenship Award (CommonWealth Magazine)
  • Sustainability Reporting Award (Global Corporate Sustainability Award, GCSA)
  • Top 100 Taiwan Corporate Sustainability Award
  • Corporate Sustainability Report Award - Platinum Award
  • TCSA Talent Development Leadership Award
  • Workplace Wellbeing Leadership Award
  • Growth Through Innovation Leadership Award
  • iF Design Award
  • Occupational Health and Safety Indicators Disclosed in Corporate Sustainability Reports Award - Enterprise with Excellent Performance